FirmaIQ
Org.nr 823 807 872 2019 → 2020 Year-over-year analysis

ACCELAT AS: årsregnskap 2020 vs 2019

Grew 3878% on revenue, slipped into loss, fresh owner capital

approved 2021-04-30; registry 2021-06-14; journal 2021 307586

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACCELAT AS. Revenue 458 NOK → 18.2k NOK (+3877.5%). Net result +3 636 NOK → -4.08m NOK. Equity 23.36m NOK → 19.27m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACCELAT AS.

At a glance

Scorecard

Revenue
458 NOK 18.2k NOK
+3877.5%
Operating result
-139 NOK -4.94m NOK
-3553412.2%
Net result
+3 636 NOK -4.08m NOK
-112423.7%
Equity
23.36m NOK 19.27m NOK
-17.5%
Cash
353.8k NOK 873.7k NOK
+146.9%
Total assets
23.36m NOK 23.84m NOK
+2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 458 NOK to 18.2k NOK (+3877.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 353.8k NOK → 873.7k NOK (+146.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 23.4k NOK → 19.27m NOK (+19.25m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -139 NOK → -4.94m NOK (op. margin -30.3% → -27114.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3 636 NOK profit to a loss of 4.08m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 23.36m NOK → 19.27m NOK (equity ratio 100.0% → 80.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 18 NOK → 13.0k NOK (+72344.4% YoY). Calculated